I dont understand why a person need to market a STI stock here on i3 and purely a penny stock. STI liquidity far behind alot these days. I don't deny Malaysia as well. So becareful whenever taking any advice.
A TRUE AND FAIR VIEW OF THE FINANCIAL POSITION IN AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 1 JANUARY 2022 TO 30 JUNE 2023 EXCEPT FOR POSSIBLE EFFECTS NOTED IN BASIS FOR QUALIFIED OPINION | https://www.klsescreener.com/v2/announcements/view/6318797
@gmsyhy88 Interesting photo, where did u find? Maybe Yu trying to save the 10 million penalty YNH have to pay next monht to Sunway for not calling Egm.
@dompeilee book value is fake. 1,2 billion jv deposit money gone. NTA effective almost zero. next year ynh bond coming payable too, so this is very high risk gamble to invest now.
Managed to sell 2/3 at abt 80c level when dropped from 0.86, kanna scared by the retracement even went to 0.77. Heng now is back to 80c level. Still considering to tahan take remaining profit...
@gmsyhy88 Sunway not injection anything. They pick YNHs only good property for little money. Yu sindiket totally desperate and selling the crown jewelz. 215 million is less then they paid to build it. Crazy desperate.
OMG, selling crown jewel at below book price. Seems like really desperate for cash. Although YNH seem like have high NTA, but after remove its crown jewel, I think the rest are not worth. Remember, asset book value can be fluctuate based on valuation method and market sentiment, but liability is fixed.
RM 1.2 billion prepaid JV development most probably will be wiped out completely, that is already more than double the paid up capital. What about the loan? Still got future for YNH?
Wait to see another fire sale of Genting land. Could it be sold for rm 50 million? Who would be the buyer? Make sure is not sold to person related to Yu brothers.
actually the price holding strong and I think selling assets to overcome current problems is way better than just gone bust like Serba. I will hold on with my investment :)
Just observe how they use big BUY VOL Q to lure newbies & bodo h-bies to Q @ 77c - 84c thinking it's CHEAP but they're are just donating $ to the fish-frying doctor....they are DUMPing to these buyers🤣 The imbalance of Buy Q being much more than Sell Q is a classic contrarian indicator!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fklim888
1,613 posts
Posted by Fklim888 > 2024-01-26 00:26 | Report Abuse
Good123...how is your mlab...Big promoting till masuk longkang..